How to Determining How Much to Invest Investment Amounts Based on Income

[Kane]

If you are making more money than you need to maintain a comfortable life, you might be able to invest whatever amount you want. However, for people having low income and barely able to pay for necessities, it might be difficult to decide how much they should invest. Actually, the basic rule is you need to determine how much to invest based on your income if you have low income or moderate income.
Let me exemplify, if you are making $10,000 in a month, you might easily be able to invest $1000 in a month, however, if your income is just $1,000 per month, you might not be able to invest even $100.
The basic rule of investment is to invest 10-20 percent of your income, however, if the income is low, it will be difficult to invest even 5 percent of your total income.

 

[Timgab]

I always encourage people to invest no matter the amount of your income. Some do have the thinking faculty that their income isn't enough talk less of investing It will come to sensation that if you invest the little you have, the better for you. Like you said 10-20% at least is better than not doing it at all.